Today: 2 June 2026
Browse Category

NASDAQ:NVDA 1 June 2026 - 2 June 2026

Coherent Corp Stock: BofA’s $400 Call Puts AI Optics Back in Play

Coherent Stock Is Surging Again — Here’s Why Wall Street Is Chasing AI’s Hidden Bottleneck

Coherent shares soared 17% to $425.44 after strong Q3 results and renewed AI infrastructure demand, fueled by Nvidia’s $2 billion March investment and fresh focus on supply bottlenecks; the company guided Q4 revenue as high as $2.05 billion, but risks remain if AI spending or Nvidia-linked demand falters.
2 June 2026
······
QQQM’s $835 Million AI Wave Meets a Zscaler Reality Check

QQQM’s $835 Million AI Wave Meets a Zscaler Reality Check

Invesco’s QQQM rose 0.2% to $306.54 after $835.44 million in five-day net inflows, driven by investor demand for AI-linked giants like Nvidia, Apple, and Microsoft, even as Zscaler plunged 8.9% on weak guidance, highlighting ongoing volatility and risk in concentrated growth funds.
2 June 2026
···········
Arm Ramps Up $15 Billion AI Chip Push Ahead of Schedule

Arm Ramps Up $15 Billion AI Chip Push Ahead of Schedule

Arm CEO says AI data-center CPU demand is outpacing forecasts, with ByteDance and Oracle as customers. Shares hit an all-time high, jumping 15.73% to $408.85 after Nvidia launched an Arm-based PC chip. Arm could reach its $15 billion AI chip revenue goal sooner than expected, with customer demand for AGI CPUs over 2027-2028 topping $2 billion, more than double March launch figures. Supply limits and export controls remain risks.
2 June 2026
········
CoreWeave Wins Early Access to Nvidia AI Tech, Faces Debt Hurdle

CoreWeave Wins Early Access to Nvidia AI Tech, Faces Debt Hurdle

CoreWeave surged 13.96% to $124.82 after announcing the first validated launch of Nvidia’s Vera Rubin NVL72 system on its cloud. Q1 revenue hit $2.08 billion, backlog reached $99.4 billion, but net loss widened to $740 million and liabilities rose to $50.8 billion. Nvidia gained 6.26%. CoreWeave’s Vera Rubin rack claims up to 10x better inference per watt and one-tenth cost per million tokens versus Blackwell.
2 June 2026
···
Fluence Energy pops 44% on Nvidia news. The AI power trade sees fresh action

Fluence Energy pops 44% on Nvidia news. The AI power trade sees fresh action

Fluence Energy surged 44% to $27.15 after Siemens named it in a new AI data center power design with Nvidia and nVent. Nvidia rose 6.3%, nVent 2.8%. Fluence’s battery storage is featured for backup and grid support in Nvidia’s DSX AI centers. Q2 revenue hit $464.9 million, net loss $29.2 million, backlog $5.6 billion. Risks remain: reference designs aren’t orders, and backlog may not convert to revenue if projects stall.
2 June 2026
·····
Nvidia Shares Fall Even as AI Stocks Break Records, Traders Eye Taiwan

Nvidia Stock Surges 6% as Jensen Huang’s New AI PC Chip Targets AMD and Intel

Nvidia surged 6.26% to $224.36 after unveiling RTX Spark, a 1-petaflop AI chip for Windows PCs, pushing its value to $5.47 trillion and lifting the Nasdaq and S&P 500 to record closes. Microsoft shares rose 2.3% on the partnership; Qualcomm fell 8.8%, Intel dropped 4.7%. CEO Jensen Huang confirmed strong demand but said Nvidia remains supply constrained, citing reliance on Taiwan-based suppliers as a key risk.
2 June 2026
···
Asia Stocks Hold Up as AI Demand Lifts Sentiment, but Korea Signals Caution

Asia Stocks Hold Up as AI Demand Lifts Sentiment, but Korea Signals Caution

Hang Seng surged 2.28% and Shanghai Composite rose 0.43% as AI stocks drew buyers, offsetting a 0.3% Nikkei dip. Anthropic confidentially filed for a U.S. IPO after a $965 billion valuation. Nvidia’s CEO said supply remains tight despite robust growth. Alphabet plans to raise $80 billion for AI, including $10 billion from Berkshire Hathaway. South Korea’s CPI jumped 3.1% in May, fueling rate hike bets. Oil and Middle East risks kept market tone cautious.
2 June 2026
······
Wall Street Finishes at New Highs on AI Surge; HPE Grabs Spotlight After Hours

Wall Street Finishes at New Highs on AI Surge; HPE Grabs Spotlight After Hours

S&P 500 and Nasdaq closed at record highs, led by Nvidia’s 6.3% surge after its new RTX Spark chip launch. HPE shares soared 36% post-earnings as revenue jumped 40% and guidance rose. After-hours, major ETFs slipped: SPY down 0.23%, QQQ off 0.35%. Only tech and energy sectors finished higher. Oil spiked 4.24% on U.S.-Iran tensions. Factory PMI hit 54.0, strongest since May 2022.
2 June 2026
·····
Intel Stock Drops as Nvidia’s AI PC Chip Takes Aim at Its Core Turf

Intel Stock Drops as Nvidia’s AI PC Chip Takes Aim at Its Core Turf

Intel plunged 4.7% to $109.33 as Nvidia launched RTX Spark, a new AI PC chip set for release this fall in systems from Dell, HP, Lenovo, Asus, and Microsoft. Nvidia jumped 6.3%. The Philadelphia SE Semiconductor Index rose 1.1%. Intel’s Computex announcements of Xeon 6+ and Crescent Island failed to reassure investors. Barclays raised Intel’s price target to $100 but kept an Equal Weight rating.
2 June 2026
····
Dow Inches Up After Hours; Nvidia’s AI Move Keeps Wall Street Near Highs

Dow Inches Up After Hours; Nvidia’s AI Move Keeps Wall Street Near Highs

Dow closes up 44.70 points to 51,076.85 as Nvidia’s RTX Spark chip news lifts tech stocks; S&P 500 and Nasdaq also rise. Oil prices jump to $94.98 on renewed U.S.-Iran tensions, capping broader gains. Factory activity grows for a fifth month, complicating Fed rate outlook. Market breadth remains narrow, with most advances in tech and AI. Investors await Friday’s jobs report and the Fed’s June meeting.
1 June 2026
······
Stocks Hit Records as Oil Stirs Worry

Stocks Hit Records as Oil Stirs Worry

Nvidia surged 5.9% after unveiling a new AI PC chip with Microsoft, lifting the S&P 500 up 0.43% and Nasdaq 0.68% to near record highs. Tech and energy led gains as Brent crude jumped 4.25% to $94.99, pressuring airlines and capping broader advances. Market breadth stayed weak, with more NYSE stocks falling than rising. Investors await Broadcom’s results and Friday’s jobs data for AI and growth signals.
1 June 2026
·····
Uber shares trade higher as Nvidia robotaxi backing sparks new Europe competition

Uber shares trade higher as Nvidia robotaxi backing sparks new Europe competition

Uber surged 5.8% to $74.48 as it, Autobrains, and Nvidia announced a robotaxi rollout in Munich using Nvidia’s Drive Hyperion platform. Over 14 million shares traded. Reuters reported Prosus may block Uber’s Delivery Hero bid by raising its stake. Uber also bought 12.5% of Careem Technologies for $100 million. First-quarter trips rose 20%, gross bookings 25%, and adjusted EBITDA 33%. Munich rollout awaits regulatory approval.
1 June 2026
····
ServiceNow Stock Gains as Wall Street AI Trade Turns

ServiceNow Stock Gains as Wall Street AI Trade Turns

ServiceNow soared 8.5% to $134.95 in heavy trading after Nvidia CEO Jensen Huang dismissed fears that AI agents will replace software firms, calling it “exactly the opposite.” Salesforce, IBM, and Adobe also rallied as investors rotated back into software stocks. ServiceNow reported Q1 subscription revenue up 22% to $3.67 billion and a 130%+ jump in $1M+ Now Assist customers. Risks flagged include competition, AI adoption, macro factors, and FX.
1 June 2026
······
Dow Falls as Nvidia Gains; AI Trade Goes Up Against Rising Oil

Dow Falls as Nvidia Gains; AI Trade Goes Up Against Rising Oil

Nvidia surged 4.34% after launching a new AI PC chip with Microsoft, while Qualcomm dropped nearly 7%. Dow fell 0.22%, S&P 500 flat, Nasdaq up 0.01%. Brent crude jumped 6.11% to $96.69 on Iran-linked risks. United Airlines slid 4.61%, Exxon rose 2.78%. Berkshire Hathaway agreed to buy Taylor Morrison Home for $6.8 billion; shares soared 22.43%. U.S. manufacturing PMI hit a two-year high.
1 June 2026
··········
Dow Jones Gives Up Gains As AI Rally Hits Oil Price Jolt

Dow Jones Gives Up Gains As AI Rally Hits Oil Price Jolt

Dow drops 0.22% to 50,920.76 after last week’s record, as delayed LSEG data and inflation worries weigh. S&P 500 flat, Nasdaq up 0.01%. Nvidia jumps 4% on new AI chip launch with Microsoft, boosting tech. Most S&P 500 sectors fall; consumer discretionary drops 2%. U.S. manufacturing PMI hits four-year high at 54.0, stoking inflation fears. Brent crude surges 6.11% to $96.69. Investors eye jobs data and Broadcom results this week.
1 June 2026
·······
Fluence Energy Stock Surges as Siemens, Nvidia Unveil Data-Center AI Power Plan

Fluence Energy Stock Surges as Siemens, Nvidia Unveil Data-Center AI Power Plan

Fluence Energy stock soared 31% to $24.80 after Siemens named it in a new NVIDIA-linked AI data center power plan, featuring Fluence’s battery systems in a 136-megawatt reference design. The rally follows a record $5.6 billion backlog and two hyperscaler supply deals. Fluence posted Q2 revenue of $464.9 million, a narrowed net loss of $29.2 million, and negative adjusted EBITDA of $9.4 million.
1 June 2026
······
IREN stock drops 7% into MSCI index add — what traders watch before Monday

IREN Stock Gets a $3.65 Billion Answer to Its Biggest AI Question

IREN shares slipped 0.7% premarket to $63.54 after closing a $3.65 billion investment-grade GPU financing facility to support its Microsoft AI cloud contract. The debt, secured by GPUs and contract cash flows, includes a $1.5 billion delayed-draw loan and $2.1 billion in 5.96% senior notes. IREN expects ARR to rise to $4.4 billion after deploying Nvidia Blackwell systems from Dell, but targets depend on delivery, utilization, and pricing.
1 June 2026
····
HPE Shares Push Higher Ahead of Earnings as AI Server Demand Looks Broader

HPE Shares Push Higher Ahead of Earnings as AI Server Demand Looks Broader

HPE jumped 5.1% premarket to $45.27 ahead of fiscal Q2 results due after the bell, following Dell’s AI server surge and HPE’s launch of a ProLiant server using Nvidia’s Vera CPU. HPE reported a $5B+ AI backlog in March, guided Q2 revenue to $9.6–$10B, and raised its 2026 earnings target. Investors await updates on backlog, server sales, and Juniper unit as supply remains tight and high prices persist into 2027.
1 June 2026
·······
1 2 3 … 85

Latest articles

Hyperscale Data soars 46% after GPUS Bitcoin move draws new attention

Hyperscale Data soars 46% after GPUS Bitcoin move draws new attention

2 June 2026
Hyperscale Data Inc. shares soared 45.9% after the company revealed a $5 million buyback at $0.21 per share, but a recent filing warns up to 43 million new shares could hit the market from convertible notes, threatening dilution and putting pressure on the stock if Bitcoin falls or shares drop below the tender price.
Cisco Stock Jumps as AI Security Push Puts $508 Billion Giant Back in Play

Cisco Stock Jumps as AI Security Push Puts $508 Billion Giant Back in Play

2 June 2026
Cisco shares surged over 5% to $127.54 after unveiling Cloud Control, a new AI-driven platform for managing and securing IT infrastructure, and raising its fiscal 2026 AI order target to $9 billion from $5 billion, signaling strong AI demand beyond chips and boosting investor confidence in Cisco’s growth trajectory.
Oklo Shares Jump as Nuclear Fuel Theme Draws Traders

Oklo Shares Jump as Nuclear Fuel Theme Draws Traders

2 June 2026
Oklo shares surged 8% as investors reacted to U.S. Energy Department talks on surplus plutonium fuel and a looming July deadline for a reactor pilot, with traders betting on advanced nuclear demand from AI and data centers despite ongoing questions about fuel supply, licensing, and first revenue.
IREN Rises After $3.65B AI Backing Puts Focus on Microsoft Commitment

IREN Rises After $3.65B AI Backing Puts Focus on Microsoft Commitment

2 June 2026
IREN Limited soared 3.8% to $67.79 after closing a $3.65 billion investment-grade debt deal to fund GPU purchases for its $9.7 billion Microsoft AI cloud contract, covering 96% of related capital needs; Wall Street turned more bullish, but risks remain if IREN fails to deliver or Microsoft cancels.
Keel Stock Tops $6 Again; Lease Timing Gets Attention After AI Power Bet

Keel Stock Tops $6 Again; Lease Timing Gets Attention After AI Power Bet

2 June 2026
Keel Infrastructure Corp. (KEEL) jumped 2.29% to $6.24 on heavy volume as investors bet on its shift from bitcoin mining to AI data-center power, with a 2.2 GW pipeline and $533 million liquidity, but Q1 revenue fell 22% and net loss hit $145.35 million as the company races to secure key leases and deliver power to AI projects on schedule.
Milbank Raises Big Law Pay Ceiling to $455,000; Rivals React

Milbank Raises Big Law Pay Ceiling to $455,000; Rivals React

2 June 2026
Milbank LLP hiked associate pay up to $455,000, triggering immediate matches from rivals like McDermott Will & Schulte and sparking another round of salary increases among top U.S. law firms, even as rising costs and slower market-wide pay growth pressure firm profitability.
Go toTop